FY2025 EPS Estimates for Bank of Hawaii Increased by Analyst

Bank of Hawaii Co. (NYSE:BOH) – Equities researchers at DA Davidson upped their FY2025 EPS estimates for Bank of Hawaii in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the bank will earn $3.79 per share for the year, up from their prior estimate of $3.70. DA Davidson currently has a “Neutral” rating and a $74.00 target price on the stock. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.52 per share.

A number of other analysts have also issued reports on BOH. Barclays raised their target price on Bank of Hawaii from $56.00 to $66.00 and gave the company an “underweight” rating in a report on Thursday, December 5th. Stephens began coverage on shares of Bank of Hawaii in a research report on Wednesday, November 27th. They set an “overweight” rating and a $90.00 price objective for the company. Piper Sandler boosted their price objective on Bank of Hawaii from $61.00 to $66.00 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Bank of Hawaii from $74.00 to $81.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $71.83.

Bank of Hawaii Stock Up 1.8 %

Bank of Hawaii stock opened at $69.45 on Friday. The firm has a market cap of $2.76 billion, a price-to-earnings ratio of 20.86, a P/E/G ratio of 4.86 and a beta of 1.03. The firm has a fifty day moving average price of $74.03 and a two-hundred day moving average price of $66.52. Bank of Hawaii has a fifty-two week low of $54.50 and a fifty-two week high of $82.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.71.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Bank of Hawaii had a return on equity of 11.33% and a net margin of 13.76%. The firm had revenue of $265.76 million for the quarter, compared to the consensus estimate of $160.29 million. During the same quarter in the prior year, the company posted $1.17 earnings per share.

Bank of Hawaii Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.03%. Bank of Hawaii’s dividend payout ratio (DPR) is presently 84.08%.

Insider Activity at Bank of Hawaii

In other Bank of Hawaii news, insider Matthew Emerson sold 1,355 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $72.27, for a total transaction of $97,925.85. Following the completion of the sale, the insider now owns 13,717 shares in the company, valued at approximately $991,327.59. The trade was a 8.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Bank of Hawaii

Hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its holdings in Bank of Hawaii by 13.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,634,909 shares of the bank’s stock worth $93,533,000 after buying an additional 189,878 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Bank of Hawaii in the 3rd quarter valued at about $70,960,000. State Street Corp boosted its position in shares of Bank of Hawaii by 5.0% during the third quarter. State Street Corp now owns 2,244,649 shares of the bank’s stock worth $140,897,000 after buying an additional 106,717 shares during the period. Dimensional Fund Advisors LP lifted its stake in Bank of Hawaii by 14.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 789,486 shares of the bank’s stock valued at $45,167,000 after acquiring an additional 98,465 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in Bank of Hawaii by 8.7% during the 2nd quarter. American Century Companies Inc. now owns 675,615 shares of the bank’s stock worth $38,652,000 after acquiring an additional 54,078 shares during the last quarter. Institutional investors and hedge funds own 82.18% of the company’s stock.

About Bank of Hawaii

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.